Believe it or not, you have an estate. In fact, everyone does. Your estate is comprised of everything you own— your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, and personal possessions. No matter how large or how small, everyone has an estate and needs to make a plan for it.
When you die, you probably want to have a say as to how all that you have worked so hard for are given to the people or organizations you care most about. To ensure your wishes are carried out, you need to provide instructions stating:
You will, of course, want this to happen with the least amount paid in taxes, legal fees, and court costs.
That is estate planning—making a plan in advance and naming whom you want to receive the things you own after you die. However, good estate planning is much more than that. It should also:
At The Law Offices of Jenny Ling, PLLC, we want to help you make an estate plan that’s as unique as your family is. We will work with you to identify your values to make sure that your estate plan reflects those. We also offer Child Protection Plans to make sure that the needs of any minor children have been addressed. Most importantly, we offer a free review of your estate plan every three years because we know that your estate plan should keep up with your life!
Contact Us or give us a call today (206-859-5098) to set up a complimentary Family Estate Analysis and learn how estate planning can protect your family.